Cost of Living: Fairborn, OH vs Ferndale, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fairborn | Ferndale |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $196,000 | $223,000 |
| Average Rent (2 BR Apartment) | $1100 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Fairborn vs Ferndale
- The median home price in Ferndale is higher at $223,000, compared to $196,000 in Fairborn.
- The rent for a two-bedroom apartment is equal in both Fairborn and Ferndale at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fairborn | Ferndale |
|---|---|---|
| Electricity Price | $15.92 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Fairborn vs Ferndale
- Ferndale has higher electricity costs at $19.88 per kWh, versus $15.92 in Fairborn.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Fairborn and Ferndale averaging $200.